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NOTE 11 - SEGMENTS | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2022 | Dec. 31, 2021
Segment Reporting [Abstract] |  |
NOTE 11 - SEGMENTS | NOTE 11 - SEGMENTS At September 30, 2022, the Company operates in one industry segment, telecommunication services, and two geographic segments, USA and Switzerland, where current assets and equipment are located. Operating Activities The following table shows operating activities information by geographic segment for the three and nine months ended September 30, 2022 and 2021: Three months ended September 30, 2022 NOTE 11 - SEGMENTS - Schedule of Operating Activities by Geographic Segment
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 22,364,201 |  |  |  | 1,291,688 |  |  | $ | (1,719,255 | ) |  | $ | 21,936,634
Cost of revenue |  |  | 21,226,541 |  |  |  | 1,114,388 |  |  |  | (1,719,255 | ) |  |  | 20,621,674
Gross profit |  |  | 1,137,660 |  |  |  | 177,300 |  |  |  | — |  |  |  | 1,314,960
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 1,089,194 |  |  |  | 166,953 |  |  |  | — |  |  |  | 1,256,147
Operating income |  |  | 48,466 |  |  |  | 10,347 |  |  |  | — |  |  |  | 58,813
Other expense |  |  | (29,411 | ) |  |  | (2,090 | ) |  |  | — |  |  |  | (31,501)
Net income |  | $ | 19,055 |  |  | $ | 8,257 |  |  | $ | — |  |  | $ | 27,312
Three months Ended September 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 15,347,282 |  |  |  | 1,189,230 |  |  | $ | (19,773 | ) |  | $ | 16,516,739
Cost of revenue |  |  | 14,706,065 |  |  |  | 989,395 |  |  |  | (19,773 | ) |  |  | 15,675,687
Gross profit |  |  | 641,217 |  |  |  | 199,835 |  |  |  | — |  |  |  | 841,052
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 738,578 |  |  |  | 218,617 |  |  |  | — |  |  |  | 957,195
Operating loss |  |  | (97,361 | ) |  |  | (18,782 | ) |  |  | — |  |  |  | (116,143)
Other income |  |  | 1,525 |  |  |  | 3,400 |  |  |  | — |  |  |  | 4,925
Net loss |  | $ | (95,836 | ) |  | $ | (15,382 | ) |  | $ | — |  |  | $ | (111,218)
Nine months ended September 30, 2022
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 63,898,961 |  |  |  | 3,554,591 |  |  | $ | (2,397,891 | ) |  | $ | 65,055,661
Cost of revenue |  |  | 61,838,539 |  |  |  | 2,969,719 |  |  |  | (2,397,891 | ) |  |  | 62,410,367
Gross profit |  |  | 2,060,422 |  |  |  | 584,872 |  |  |  | — |  |  |  | 2,645,294
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 2,792,287 |  |  |  | 597,810 |  |  |  | — |  |  |  | 3,390,097
Operating loss |  |  | (731,865 | ) |  |  | (12,938 | ) |  |  | — |  |  |  | (744,803)
Other income (expense) |  |  | (45,938 | ) |  |  | 7,865 |  |  |  | — |  |  |  | (38,073)
Net loss |  | $ | (777,803 | ) |  | $ | (5,073 | ) |  | $ | — |  |  | $ | (782,876)
Nine months Ended September 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 43,404,674 |  |  |  | 3,474,215 |  |  | $ | (36,172 | ) |  | $ | 46,842,717
Cost of revenue |  |  | 42,487,024 |  |  |  | 3,018,878 |  |  |  | (36,172 | ) |  |  | 45,469,730
Gross profit |  |  | 917,650 |  |  |  | 455,337 |  |  |  | — |  |  |  | 1,372,987
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 3,077,319 |  |  |  | 587,154 |  |  |  | — |  |  |  | 3,664,473
Operating loss |  |  | (2,159,669 | ) |  |  | (131,817 | ) |  |  | — |  |  |  | (2,291,486)
Other income (expense) |  |  | (839,316 | ) |  |  | 18,723 |  |  |  | — |  |  |  | (820,593)
Net loss |  | $ | (2,998,985 | ) |  | $ | (113,094 | ) |  | $ | — |  |  | $ | (3,112,079)
Asset Information The following table shows asset information by geographic segment as of September 30, 2022 and December 31, 2021:
September 30, 2022 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 5,628,559 |  |  | $ | 1,091,622 |  |  | $ | (578,999 | ) |  | $ | 6,141,182
Non-current assets |  | $ | 11,660,618 |  |  | $ | 600,882 |  |  | $ | (6,184,562 | ) |  | $ | 6,076,938
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 1,729,868 |  |  | $ | 1,619,112 |  |  | $ | (578,999 | ) |  | $ | 2,769,981
Non-current liabilities |  | $ | — |  |  | $ | 246,473 |  |  | $ | — |  |  | $ | 246,473
December 31, 2021 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 5,783,859 |  |  | $ | 997,216 |  |  | $ | (214,551 | ) |  | $ | 6,566,524
Non-current assets |  | $ | 4,468,491 |  |  | $ | 609,189 |  |  | $ | (2,584,562 | ) |  | $ | 2,493,118
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 1,070,972 |  |  | $ | 1,506,594 |  |  | $ | (214,551 | ) |  | $ | 2,363,015
Non-current liabilities |  | $ | — |  |  | $ | 275,729 |  |  | $ | — |  |  | $ | 275,729
| NOTE 15 - SEGMENT At December 31, 2021 and 2020, the Company operates in one industry segment, telecommunication services, and two geographic segments, USA and Switzerland, where current assets and equipment are located. Operating Activities The following table shows operating activities information by geographic segment for the years ended December 31, 2021 and 2020: Year ended December 31, 2021 NOTE 15 - SEGMENT - Schedule of Operating Activities by Geographic Segment
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 60,112,852 |  |  |  | 4,681,978 |  |  | $ | (92,812 | ) |  | $ | 64,702,018 |
Cost of revenue |  |  | 59,274,781 |  |  |  | 3,986,334 |  |  |  | (92,812 | ) |  |  | 63,168,303 |
Gross profit |  |  | 838,071 |  |  |  | 695,644 |  |  |  | — |  |  |  | 1,533,715 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 3,733,579 |  |  |  | 784,052 |  |  |  | — |  |  |  | 4,517,631 |
Operating income (loss) |  |  | (2,895,508 | ) |  |  | (88,408 | ) |  |  | — |  |  |  | (2,983,916 | )
Other income (expense) |  |  | (897,507 | ) |  |  | 17,422 |  |  |  | — |  |  |  | (880,085 | )
Net income (loss) |  | $ | (3,793,015 | ) |  | $ | (70,986 | ) |  | $ | — |  |  | $ | (3,864,001 | )
Year ended December 31, 2020
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 39,495,542 |  |  | $ | 5,432,022 |  |  | $ | (17,558 | ) |  | $ | 44,910,006 |
Cost of revenue |  |  | 39,308,347 |  |  |  | 4,656,865 |  |  |  | (17,558 | ) |  |  | 43,947,654 |
Gross profit |  |  | 187,195 |  |  |  | 775,157 |  |  |  | — |  |  |  | 962,352 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 3,359,237 |  |  |  | 815,130 |  |  |  | — |  |  |  | 4,174,367 |
Operating loss |  |  | (3,172,042 | ) |  |  | (39,973 | ) |  |  | — |  |  |  | (3,212,015 | )
Other expense |  |  | (3,356,881 | ) |  |  | (130,434 | ) |  |  | — |  |  |  | (3,487,315 | )
Net loss |  | $ | (6,528,923 | ) |  | $ | (170,407 | ) |  | $ | — |  |  | $ | (6,699,330 | )
Asset Information The following table shows asset information by geographic segment as of December 31, 2021 and 2020:
December 31, 2021 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 5,783,859 |  |  | $ | 997,216 |  |  | $ | (214,551 | ) |  | $ | 6,566,524 |
Non-current assets |  | $ | 4,468,491 |  |  | $ | 609,189 |  |  | $ | (2,584,562 | ) |  | $ | 2,493,118 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 1,070,972 |  |  | $ | 1,506,594 |  |  | $ | (214,551 | ) |  | $ | 2,363,015 |
Non-current liabilities |  | $ | — |  |  | $ | 275,729 |  |  | $ | — |  |  | $ | 275,729 |
December 31, 2020 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 3,245,725 |  |  | $ | 1,225,399 |  |  | $ | (889,540 | ) |  | $ | 3,581,584 |
Non-current assets |  | $ | 3,478,147 |  |  | $ | 561,551 |  |  | $ | (1,669,515 | ) |  | $ | 2,370,183 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 5,630,060 |  |  | $ | 3,171,419 |  |  | $ | (889,540 | ) |  | $ | 7,911,939 |
Non-current liabilities |  | $ | 2,816 |  |  | $ | 432,048 |  |  | $ | — |  |  | $ | 434,864 |

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